Accolade

Acquired

Accolade is a personalized health and benefits solutions company that uses technology, data analytics, and clinical expertise to help employers improve healthcare outcomes while controlling costs. The platform connects employees and families to the right care through AI-powered navigation, virtual primary care (PlushCare), and expert medical opinions (2nd.MD).

Founders Michael Cline, Tom Spann

CEO Tom Spann

Company

Founded

2007

Headquarters

Plymouth Meeting, United States

Financials

Total Funding

$235M

Sectors

SaaS Biotech

accolade.com Twitter Blog

Funding History

8 rounds

Acquired by Transcarent Apr 8, 2025

$621M

Undisclosed Oct 10, 2019

$20M

Humana (Lead)

Series F Mar 29, 2018

$50M

Andreessen Horowitz (Lead) Carrick Capital Partners (Lead) Madrona Venture Group McKesson Ventures Cross Creek Advisors

Series E Aug 10, 2016

$71M

Andreessen Horowitz (Lead) Madrona Venture Group

Series E Jul 16, 2015

$23M

Independence Health Group (Lead) McKesson Ventures (Lead)

Series C Dec 12, 2013

$30M

Carrick Capital Partners (Lead) Accretive LLC Oak Hill Capital Partners Comcast Ventures

Series B Jun 29, 2010

$17M

Accretive LLC (Lead) Comcast Ventures Oak Hill Capital Partners

Debt Jan 1, 2010

$4M

Credit facility (debt, not equity). Not included in total funding.

Series A Feb 1, 2007

$20M

Accretive LLC (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.